RBI Appoints Dr. Ajit Ratnakar Joshi as Executive Director

The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as its new Executive Director (ED) with effect from March 3, 2025. Dr. Joshi will be responsible for overseeing the Department of Statistics and Information Management and the Financial Stability Department. With over 30 years of experience in statistics, information technology, and cyber risk management, Dr. Joshi brings a wealth of expertise to his new role.

Key Highlights

Dr. Ajit Ratnakar Joshi’s Appointment

• New Executive Director (ED) of RBI from March 3, 2025.
• Will oversee the Department of Statistics and Information Management and the Financial Stability Department.

Prior Role

• Served as Principal Adviser in the Department of Statistics and Information Management.

Expertise

• Over 30 years of experience in statistics, IT, and cyber risk management.

Academic Qualifications

• Master’s degree in Statistics from Nagpur University.
• Ph.D. in Monetary Economics from IIT Madras.
• Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi.

Experience

• Certified Associate of the Indian Institute of Banking and Finance (CAIIB).
• Served as a faculty member at Institute of Development and Research in Banking Technology (IDRBT), Hyderabad.
• Participated in various committees and working groups on macroeconomic statistics and policy issues.

Summary/Static	Details
Why in the news?	RBI Appoints Dr. Ajit Ratnakar Joshi as Executive Director
New RBI Executive Director (ED)	Dr. Ajit Ratnakar Joshi
Departments Overseen	Department of Statistics & Information Management, Financial Stability Department
Previous Role	Principal Adviser in the Department of Statistics and Information Management
Experience	30+ years in statistics, IT, and cyber risk management
Academic Background	Master’s in Statistics (Nagpur University), Ph.D. in Monetary Economics (IIT Madras), CAIIB certification